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Deals of the Hour / June 16, 2011, 2:47 pm

Political turmoil continues in Greece amid financial crisis

It's extremely unlikely that another rescue deal will be offered if the Greek Parliament fails to back the new austerity measures. In Brussels, the European Union 's top economic official, Monetary Affairs Commissioner Olli Rehn, said it was "regrettable ... (Source: USA Today 2011-06-16T13:12:10Z)

Stocks Drop, Euro Weakens on Greek Debt Crisis as Swiss Franc Strengthens

"Failure of the emergency Eurogroup to agree on anything was bad enough. Strike action yesterday was awful PR. The prime minister's offer to resign on condition opposition parties agree to additional austerity measures provided a frightening note of panic. (Source: Bloomberg 2011-06-16T14:23:45Z)

Report: Facebook users more trusting, engaged

This was especially true in the 1960s, when women not in the work force would move to the suburbs with their husbands and face a great deal of isolation, Hampton said. Now, with social networks, these ties are persistent. "Persistent and pervasive," Hampton said. (Source: Record 2011-06-16T21:33:14Z)

California Governor Vetoes Budget Deal

California Gov. Jerry Brown on Thursday vetoed the budget passed by the state Senate and Assembly that contained a number of one-shot revenue boosts, spending cuts, and fund transfers. Brown said that the budget that was handed to him would only provide a ... (Source: The Epoch Times 2011-06-16T21:26:05Z)

Redesign of World Financial Center Includes Huge Food Market, and Restaurants

She said that no contracts have yet been signed with restaurant or marketplace venders, adding that dining there "will offer the best cuisine New York City has to offer." Designers and architects of the restaurants and markets will be AvroKO ... (Source: New York Times (blog) 2011-06-16T21:33:14Z)

Apple Skimps on Back-to-School Giveaway

In years past, Apple's famous back-to-school promotion has featured a free iPod with the purchase of a Mac — a deal worth about $200 or more. My brother, an entering junior in college, got an 8GB iPod Touch last summer with his Macbook purchase ... (Source: CBS MoneyWatch.com (blog) 2011-06-16T13:26:29Z)

Canada Post Suspends Operations, Experts Ponder Company's Fortunes

"It would cost them much less to deal with us fairly and negotiate a contract." Canada Post, however, sees the lockout quite differently. "We believe that a lockout is the best way to bring a timely resolution to this impasse and force the union to ... (Source: The Epoch Times 2011-06-16T21:18:56Z)

Greek politics in turmoil over austerity measures

The prime minister failed Wednesday to form a grand coalition with rival conservatives to guarantee that the austerity measures would be passed, despite even offering to quit his job to clinch a deal. He later announced he would form a new Cabinet and put ... (Source: AP - msnbc.com 2011-06-16T14:30:54Z)

Brown vetoes budget passed by Democrats

Senate President Pro Tem Darrell Steinberg said Brown's decision appeared to be "part of some elaborate strategy to force a confrontation" with the GOP but did not offer a clear path toward any sort of resolution. "Success depends on articulating your ... (Source: Santa Rosa Press Democrat 2011-06-16T21:33:14Z)

Apple offers stingier back-to-school promotion

The Mac App Store is an add-on to Mac OS X 10.6 Snow Leopard and it's built-in to Lion, which goes on sale next month. Apple is slowly, but deliberately, shifting software distribution to the digital web store. For example, Lion will be available download ... (Source: Beta News 2011-06-16T15:56:48Z)

Why Apple's new Back to School deal is good business

Looked at it purely from the perspective of monetary value, this year's deal is definitely less of one than what ... it stands to reason that it would offer a promotion that doesn't emphasize one aspect of its hardware business over another. (Source: Gigaom.com 2011-06-16T21:26:05Z)

Oh, Bother: Winnie the Pooh Home Up for Sale in England

HARTFIELD, England -- The spiritual home of Winnie the Pooh was up for sale Thursday for $97,000. Pooh Corner, a cottage in Hartfield, England, boasts the world's largest collection of Pooh memorabilia and has hosted Winnie the Pooh fans from nearly 100 ... (Source: FOX News 2011-06-16T15:21:01Z)

Senate Democrats will go along with road construction deal

Illinois Senate Democrats say they will go along with a plan to avoid Gov. Pat Quinn's threatened shutdown of summer construction projects. That means lawmakers will return to Springfield on Wednesday to keep millions of dollars worth of school, road and ... (Source: Chicago Tribune 2011-06-16T21:33:14Z)

Debt negotiators set July 1 deadline for deal

WASHINGTON (Reuters) - A group of top lawmakers Wednesday set an ambitious July 1 goal to reach a broad debt-reduction deal, even though Republicans and Democrats are still far apart on taxes and healthcare. Vice President Joe Biden sat down in the Capitol ... (Source: Reuters 2011-06-16T15:13:51Z)

Crystal Harris' Playboy Wedding Walk-Out Costing People Lots of Cash

She was looking for a tie-in deal of around $500,000 for the exclusive 'I ditched Hef at the altar' interview. While there was interest, Crystal didn't get an offer anywhere near half a million." Hefner, meanwhile, seemed to agree. "Omg ... (Source: FOX News 2011-06-16T13:19:19Z)

Greek PM vows to stay, lead exit from debit crisis

The prime minister failed Wednesday to form a grand coalition with rival conservatives to guarantee that the austerity measures would be passed, despite even offering to quit his job to clinch a deal. He later announced he would form a new Cabinet and put ... (Source: San Jose Mercury News 2011-06-16T15:42:29Z)

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